Kuwait and Gulf Link Transport Company K.P.S.C. (KWSE: KGL)

KGL Balance Sheet

Financials in millions KWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	0.44	1.35	4.93	3.84	5.49	6.44
Trading Asset Securities	4.69	4.69	4.69	8.7	9.05	15.86
Cash & Short-Term Investments	5.12	6.03	9.62	12.53	14.54	22.3
Cash Growth	-25.35%	-37.33%	-23.22%	-13.79%	-34.80%	4.31%
Accounts Receivable	27.97	12.16	11.99	12.9	16.65	27.99
Other Receivables	-	1.21	3.41	3.18	3.55	4.08
Receivables	27.97	13.38	15.4	16.08	20.2	32.08
Inventory	26.2	22.91	20.2	23.27	28.63	20.35
Prepaid Expenses	-	4.78	3.81	4.28	4.84	5.35
Other Current Assets	-	5.61	5.12	3.84	2.92	8.28
Total Current Assets	59.3	52.71	54.16	60	71.12	88.35
Property, Plant & Equipment	56.78	60.12	72.52	64.27	67.52	75.36
Long-Term Investments	45.26	45.78	51.46	56.52	57.84	62.7
Other Long-Term Assets	16.63	16.63	14.76	13.84	13.49	13.14
Total Assets	177.97	175.24	192.9	194.63	209.96	239.55
Accounts Payable	72.45	45.43	32.33	29.18	29.54	31.42
Accrued Expenses	-	5.97	6.06	5.85	7.61	7.89
Short-Term Debt	-	0.02	1	0.93	0.94	1.05
Current Portion of Long-Term Debt	16.16	12.88	28.09	48.81	49.82	33.08
Current Portion of Leases	2.96	2.98	4.59	4.59	1.93	2.17
Other Current Liabilities	-	15.01	8.83	0.65	0.78	2.19
Total Current Liabilities	91.57	82.29	80.89	90.01	90.63	77.8
Long-Term Debt	49.4	56.15	49.15	47.79	59.55	80.98
Long-Term Leases	3.13	1.35	8.9	13.45	9.45	11.57
Other Long-Term Liabilities	10.61	10.32	13.79	4.74	4.8	5.22
Total Liabilities	154.71	150.12	152.73	155.99	164.44	175.57
Common Stock	27.75	27.75	27.75	27.75	27.75	27.75
Additional Paid-In Capital	0.05	8.88	8.88	26.01	26.01	26.01
Retained Earnings	-3.95	-10.93	3.85	-15.02	-8.41	10.78
Treasury Stock	-0.19	-0.19	-0.19	-0.19	-0.18	-0.18
Comprehensive Income & Other	-1.24	-1.24	-1.11	-0.6	-0.53	-1.32
Total Common Equity	22.43	24.27	39.19	37.95	44.63	63.03
Minority Interest	0.83	0.85	0.99	0.7	0.9	0.96
Shareholders' Equity	23.26	25.12	40.17	38.65	45.53	63.99
Total Liabilities & Equity	177.97	175.24	192.9	194.63	209.96	239.55
Total Debt	71.66	73.38	91.73	115.56	121.7	128.85
Net Cash (Debt)	-66.53	-67.35	-82.11	-103.03	-107.16	-106.56
Net Cash Per Share	-0.24	-0.24	-0.30	-0.37	-0.39	-0.39
Filing Date Shares Outstanding	275.4	275.4	275.4	275.4	275.5	275.5
Total Common Shares Outstanding	275.4	275.4	275.4	275.4	275.5	275.5
Working Capital	-32.27	-29.58	-26.72	-30.01	-19.51	10.55
Book Value Per Share	0.08	0.09	0.14	0.14	0.16	0.23
Tangible Book Value	22.43	24.27	39.19	37.95	44.63	63.03
Tangible Book Value Per Share	0.08	0.09	0.14	0.14	0.16	0.23
Buildings	-	8.88	8.88	8.88	8.88	8.87
Machinery	-	124.72	126.67	115.99	131.49	130.42
Construction In Progress	-	0.16	0.16	0.11	0.11	0.11

Source: S&P Capital IQ. Standard template. Financial Sources.